When Will Polish Economy Overtake UK and France?

[@rumcajs009]

You can't look at wages alone. Generally speaking I think that the standard of living is already higher in Poland in many places than in the UK. A huge problem in the UK is properties. You may live in a house worth £500k being happy that your wealth is higher than in Poland where that house would be worth £200k. The thing is that a typical house and a garden in Poland is 3x bigger than in the UK.

[@Harsh-mg2em]

Having lived both in UK and Poland, I don't think house size was that important, it's more like Poles tend to have very big houses, probably because we don't have a huge population compared to land.

[@artmasterpl]

We have a housing problem in PL as well the prices skyrocket, and they will further because this is due to the post covid impact of freezing all the construction for almost 2 years during the pandemic. I have been living in the UK for 10 years. For me, the biggest challenge was to send a kid to the nursery where it cost at that time 1200£ a month it's just ridiculous me and my wife had a good jobs around average income and the cost of having a Baby in the UK is just unablivible expensive it's like the UK doesn't want more children, at least the working parents because non working parents were on benefits. When I returned to Poland I could afford nany! Better quality apartment and very good private health, more choicee of better quality facilties etc. Overall, I'm very grateful for having the opportunity to work in the UK, but it's good for single people where u focus only on career because starting a family in the UK is just too expensive.

[@subhankarjha9690]

Source?

[@ameerm4899]

We have a huge population in Pakistan compared to UK but our homes are also relatively bigger than what's offered especially London​@@Harsh-mg2em

[@Pawel__M]

I agree. I googled for some hard data. In Poland, about 70%% of adults own a flat or a house. In the UK, this percentage is 62% - nearly the same. But if you rent a flat, the average monthly rent for a 70m² flat in Poland varies from around 5,000 PLN (£1,100) in Warsaw to around 3000 PLN (£600) in smaller cities. In the UK, the average rent for a similar-sized flat also varies significantly by location. In London, it averages around £2,500 per month. In other cities, such as Manchester or Birmingham, it might be closer to £1,500 per month. On average, the rents in Poland seem to be about £1,100 lower than in the UK. How does relate to salaries? I googled for average monthly salaries for IT specialists and certified secondary school teachers in the two countries. Poland: IT Specialists - from 8,373 PLN (£1,640) per month in medium-size companies to 27,660 PLN (£5,420) in large corporations. But the median is closer to £3,000) Certified Secondary School Teachers: 9,524 PLN (£1,905). UK: IT Specialists: £4,170 Certified Secondary School Teachers: £2,588 So, a couple consisting of an IT specialist and a secondary school teacher would earn about £5,000 in Poland and £7,000 in the UK. After paying the rent, such a couple will be left with £3,900 in Warsaw and £4,500 in London. The difference is £600. But the other costs (food, public transportation, kindergartens, cinema tickets, private health care etc.) are still 30-50% lower in Poland, so the " Polish vermin" - to use the term used by the hateful followers of Adolf Farage - may be already better off than their British equivalents.

[@markaxworthy2508]

Good luck to them from the UK.

[@blessedsnake8246]

Likewise, good luck with your economy and your prime minister choices - from PL

[@piotrd.4850]

Poland is mentally and economically Russia/Ukraine but with less grit, latin alphablet ...

[@verbold1979]

​@@piotrd.4850😂 you are a joke

[@urszulalenarcik3560]

I do not agree

[@gunter4476]

@@piotrd.4850mentalnie tak

[@butryk22]

We've had the Poles coming over to UK for work. Now it looks like us, the Brits will be going to Poland for work instead...

[@JohnStrelec]

It isnt really all that rosy in Poland. Average monthly disposable income is just £435 as of 2022. That's just 30% above the 1989 level adjusted for inflation.

[@ant4686]

The average salary in Poland almost equals the average rent price. Not easy for the young poles.

[@JohnStrelec]

@@ant4686 At least before the 1989 housing was provided free of charge to young couples and housing cost to non-couples was symbolic only.

[@JohnStrelec]

@@ant4686 So much for the "solidarity revolution" (which was by the way a CIA and italian maffia psyop funded by washington).

[@PK1999]

@@JohnStrelecwhere did you take these data from?

[@Pawel__M]

Poland is not Eastern Europe! Geographically, it's Central Europe. Politically, and culturally, it's been a part of mainstream European civilisation for more than 1000 years, with the only exception in 1945-1990 (after Churchill and Roosevelt sold us to Stalin at the Yalta Conference). xD

[@colinsmith1288]

The Uk had no choice. The Uk was badly bombed,bankrupt and barely functioning.The Soviets had become the new Superpower.

[@Jibe111111111]

Central Europe has been created by eastern Europeans who though they were better than some other eastern Europeans. In Reality Poland has much more in common with Russia than with England and France. Probably you should stop being ashamed of who you are.

[@somewhereintheworld4325]

What's the difference? Europe is just peninsula of Asia.

[@Harsh-mg2em]

For anyone interested, there's a great video called "Eastern Europe is not real." It hits the nail on the head on exactly why post-soviet countries are annoyed with being labeled as Eastern Europe and has a lot of history!

[@sylwiazientek5182]

That's what I always say too: we are the centre of Europe!

[@michaelmazowiecki9195]

Polish wages continue to be much lower than in western Europe. Economic growth will be constrained by the massive defense spend, currently over 4% ofGDP. Add to that a collapsing birth rate and an ageing population which has put massive strain on the healthcare system and social services.

[@agatakawa3586]

Sure, but you get high value for lower wages. Whereas in the uk, you gey low value for high prices. On top of that, Poland is safe, clean, true Christians and has beautiful and intelligent women.

[@natalias50]

Big issue with the UK is an inequality. The land belongs to a handful of lords who set up trusts so their kids don’t pay any inheritance tax. Also rich Brits and large companies use tax avoidance to escape paying higher taxes in the uk- tax havens are thriving. Another major problem is mentality of British people who are oblivious to the fact that that middle-high, middle and low classes are exploited for taxes the rich avoid.

[@itscooldawgdonteventrip]

nobody is ready for that discussion. when Everybody else will live better than the uk maybe they will wake up

[@jpsion]

inequality is ok so long as there is geo and social mobility. look at america, people move around and up or down.

[@mattilahde5220]

The land must be taken away from the old familys. They originally got that land robbing it from others.

[@mattilahde5220]

In Helsinki city owns like 1/4 of land and state owns like 1/4 of land. There is allways land to built on. Britain needs and land refomation. Power to the people and power away from elite. All that land does not truly belong to the elite.

[@PGN1967]

The low class lives off the working class taxes. Currently you have more and more immigrants sucking the Brits financial economy dry.

[@mostlikely...]

Poland is Central Europe 🇵🇱

[@asdkjh4370]

Stop spreading some onion bullshiet - Poland is and was Eastern europe and nothing wrong with it.

[@Pawel__M]

@@asdkjh4370 You're either ignorant or arrogant, or both. Geographically, Poland is closer to Portugal than to the eastern outskirts of Europe. Culturally and politically, it is the collective West. Or are you fooled or paid by assholes like Putin or Farage?

[@ipodman1910]

@@asdkjh4370you’re clueless. Stay shit

[@adamblowacki9728]

Poles need to realize that the reason their homeland is doing well is because of demographics and demographics alone. Stay young, stay polish, and success will be Poland’s. The current trajectory where native poles are not replacing themselves at an adequate rate and some are adopting the western dogma will simply drag you into a space where you will not be able to compete. You have a clear choice between becoming a first world nation, or falling into the abyss.

[@ipodman1910]

Mostly it’s due to culture and hard working mentality, little social payments but pis broke the last one…

[@frostbite9]

Governments play a major role in the economy. The UK faced the worst government ever for 14 years.

[@Harsh-mg2em]

It's true, but as I grow older I realise that it's not as big as we think. When inflation hit, it didn't skip any country, it was just more in some, less in others. A lot of things are down to bigger things, like Poland receiving a lot of funding from EU, while UK quits UK and stops trade with their biggest partner, although I guess the latter didn't have to turn out this way.

[@axo_lolt4083]

Same for France we only had poor presidents in the 21th century

[@KrzysztofJarzynaZeSzczecina0]

Polish Governments suck as well! But we don't have as many useless imigrants ;) And all Poles work hard.

[@ipodman1910]

Everything woke goes to …

[@ipodman1910]

Everything woke goes to …

[@oiausdlkasuldhflaksjdhoiausydo]

The annual change in house prices in Europe got me thinking, are EU countries converging in GDP per capita and other per capita figures? At it seems like they are.

[@janekmazur5985]

There is some convergence in GDP pc. But you could also tell that some countries have upper middle income trap. Spain doesnt covergence to Germany that fast. Czechia seems to go steady. So there could be more factors than UE membership alone.

[@simonsays8815]

0:33 This whole analysis and prediction is fake! East Europe made such a leap based on low-paid labour, which is now losing competitiveness and companies are closing down or moving to cheaper locations. Additionally, many of those jobs required people to work much more than in Western equivalents, some of these jobs were close to working camps like in China. So, it was progress but at what cost, Poland has one of the lowest birth rates in Europe and the whole world.

[@piotrd.4850]

Moreover: prediction made at moment when developmemnt model you described just about starts to go down the drain.

[@FekalistaGrzybowory-lz8lh]

Dokładnie

[@gunter4476]

@user-dl7juindeed. EU dependent

[@asdkjh4370]

Finally without propaganda.

[@ipodman1910]

You’re all clueless, boys… back to school!

[@rehurekj]

0:38 the commentary was about wages but the graph was about GDP per capita, wages and GDP dont always correlate, specially in this region of Europe, so while Polands GDP by purchasing power per capita can overtake UK by mid 30s the wages may not. Post communist Europe initially built its economic success partially on suppressing wages and undervaluing their currencies and it now fights hard to stimulate wage growth and force mostly Western companies to pay local workforce the same fair share of profits just like they do on their home markets so the Polish wages will prolly lag behind the both GDP and UK figures for a bit longer past mid 30s.

[@janekmazur5985]

It is not always sunshine in POland, sometimes it is just hailstorm, some basic problems: 1. Previous govertment was ousted for corruption or administrative nonchalance so there is several fuckups which drags economy. Like sudden rise in real poverty % since they forget to inflation index benefits. 2. Total Public Sector Debt to GDP is actually rising and on road to 60%, and EU doesnt like it at all. With annual deficyt of 5% they really need 3%real gdp growth or there could be debt spiral. Life is tought. 3. With 200k homes per annum Poland can cover newborns, but not backlog of 1min homes , and sudden influx of 2mil ukrainians or 1mil Beylarus is problem. So affordibility of homes for low income families is tought. 4. Due to blockade of renewables (politically driven) the cost of electricyty is high. Pro renewables bill is still in process but also deadlock. 5. Various public service have all kind of problems, like lack of area coverege, low funding, low public service wages...

[@Wasengenyie]

The economy will stall once it approaches UK gdp per capita

[@rupert2019]

Ad 1. The previous government lost the democratic elections. Ad 2. There are countries that have public debt in relation to GDP of over 100% and there is nothing wrong with them. So the over 50% in Poland is negligible. Ad 3. More and more apartments are being built in Poland and this is not a problem, only the regulations can be improved. Ad 4. ​​Poland is currently building 2 nuclear power plants and the so-called small nuclear reactors used by large companies in Poland. Additionally, new wind farms, photovoltaic farms, etc. are being built. Ad 5. Salaries and earnings in Poland are constantly increasing every year, so I don't know what you mean?

[@pantarei.]

The last point is really not a thing. Also Poland can not have 60% od debt, as the constitutional border is much lower than that.

[@pawel7196]

@@rupert2019 Ad1. The previous government won in terms of amount of votes but lost in terms of coalition - other parties stuck together and have a decisive power. Ad 2. Poland public debt is limited by constitution and is getting close to this cap. After it's reached free money will end and growth will go to hell. Ad 3. Regulations are based on asylum seekers law which is partially defined by EU AFAIK. I don't want to spread lies though - bottom line is that government would have to say "no more houses for asylum seekers" which would equal to a widespread international criticism and this is what gov does NOT want. Ad 4. Only one nuclear power plants is planned but there is a political will against it - probably due to coal from Ukraine deals plus funding is reequired to buy votes, not build expensive projects. The conclusion is that nothing is certain at the moment. Ad 5 Salaries are increasing for the richest - bankers, stock and shareholders, property owners (rising housing prices) but not for an average people. Since 2015 nothing changed - 80% of the people are living paycheck to paycheck + can't affort a house. My job was around 2k after tax in 2015. Today, the same company is paying around 2.2 - 2.5k after tax. Fuel is twice as expensive and bread around 3x as expensive. Only when you dive to the details like this you will notice the crap average person is dealing with so that economists will be able to say "Poland is growing"

[@rupert2019]

@@pawel7196 You are writing nonsense, troll, which can be easily checked on the Internet. What I wrote is the truth.

[@drscopeify]

Good video, I think the west has made a mistake by investing only in to high end industry and technology leading to limited opportunities for people with low skills or no skills sending them in to welfare. Even if the advanced industries produce enough tax income to fund welfare for people with low skill/no skills, it reduces productivity, lowers workforce participation and leads to large inequality as advanced industry is regional play mostly in urban areas. The high cost of urban living prevents people from moving there and as such unable to participate.

[@robertklimczak5630]

Najśmieszniejsze że mamy dobrze nauczonych i klasę inżynierów i robotnikow.

[@matrixmannn]

@@robertklimczak5630 Ale też mamy ludzi prostych i niewykształconych, którzy nie nadążają i o tym też trzeba pamiętać bo ci ludzie się urodzili i też chcą być przydatni, a nie tylko hodowani na zasiłkach. Dlatego polityka społeczna musi uwzględniać tych ludzi też i znaleźć dla nich zajęcie na miarę ich możliwości i nie powinni być wykluczeni, a wtedy nie będzie brakować siły roboczej i migranci nie będą potrzebni.

[@James-el6lj]

Uk is a hole.

[@pawel7196]

But a rich one

[@ab-ym3bf]

@@pawel7196 not really. As they say, it is a poor country with some pockets of extreme wealth attached to it. Hence the claims of Poland overtaking the uk soon on median income ppp.

[@CM73878]

@@James-el6lj a hole with the fastest growth in the G7 isn’t a bad hole to be in. Rather better than Germany for example.

[@James-el6lj]

@@CM73878 Germany is a bigger hole.

[@braziliaan]

Good channel with great well researched information. 👍🏼💯

[@fiaskolo]

Salaries are are going up every year, and doubling every decade. If they can keep this up then yea, it's possible that UK and France will be overtaken. Also, Poles who live abroad will be coming back.

[@somewhereintheworld4325]

No, Poland is invaded by the lgbt ideology and third world immigration instead.

[@fiaskolo]

​@@somewhereintheworld4325 Nowhere near to the extent other western countries are.

[@arektrip9727]

😂😂😂

[@mattilahde5220]

Yes as long as the price of living in Poland don't go up too fast. That coud ruin this all real fast.

[@arektrip9727]

@@mattilahde5220 already going up fast

[@cathulhu3772]

"eastern Europe" - every Pole's watching blood pressure is going up.....

[@pehash]

Why? Why are you frustrated? Is the eastern europe like a shithole in your eyes, that you dont want to be part of?

[@CM73878]

It won’t. Poland is playing catch-up. But much of the international investment that created the present boom will find other homes when Polish wages increase. Poland has very few world-class companies and is overly dependent on Western European and Asian investment. Also, companies transferring work there (think of Miele which is relocating its washing machine manufacturing from Germany) are doing so in jobs which are relatively low skilled. To be a successful economy in the 21st century requires more than assembly. It will take many years for both the financial support infrastructure and university system to produce the results which propel the economies of other successful nations.

[@nikoladd]

The concepts of relative vs. absolute growth and diminishing returns seem to elude you. It's easy to grow when you're poor. This is exactly the reason why Brexit couldn't work. Replacing your large trade partners with poor countries that can't afford your goods and services doesn't work, regardless how impressive their relative growth is. Comparing growth only matters between countries at close level of GDP per capita. 20% growth in Netherlands is a lot more in absolute terms then 120% growth in Poland.

[@MK-lm6hb]

Are you suggesting that Poland is poor? Poland's GDP PPP per capita is $49,000, versus New Zealand's and Japan's $54,000. And the UK's GDP PPP per capita is $59,000. Hardly a dramatic difference when compared to Poland's.

[@nikoladd]

@@MK-lm6hb Poland's GDP per capita is 22k for 2023, according to the world bank. Whatever you got your data from, should cut down on the fiction.

[@MK-lm6hb]

@@nikoladd Please learn what PPP is (purchasing power parity) before writing silly comments. It is the World Bank not world bank and please specify currency when you write GDP numbers. My figure is from the World Bank.

[@davrosdarlek7058]

It's easy to grow when you're poor doesn't quite fit when Poland is hitting growth levels higher or equal to those of a decade ago when GDP was almost half its current size:))

[@januszfelkner7802]

@@nikoladd you really know nothing about Poland

[@dariuszb.9778]

In last years Romania grows faster than Poland, even taking over some foreign investors from Poland (formally because of the geopolitical insecurity, unofficially because of growing wages, but both seem to be artificial, as Romania is another neighbor of Ukraine and Romanian GDP groews faster than Polish meaning Romania can be on par with Poland in GDPppp/capita withing few years). But it's OK. If Poland needs to compete, it should compete with the fastest and not with the slowest 🙂

[@goodisonpark5987]

So the Poles have been out performing the UK.. Could immigration have something to do with this

[@peterw66]

Of course. The hard working poles were a driving force for UK economy. Now when the wonderful 😂 Brexit happened and gammons won't do the jobs poles use to do, the UK's economy will only slump further down the drain.

[@voytech3892]

Ton of English already in poland in major cities

[@halko7122]

i know myself at least a dozen Brits living in Warsaw. Good blokes!

[@Alex-fm5ke]

Polish birth rates are falling like most of central and Eastern Europe. It’s unlikely their growth will continue, but the fall in population may artificially increase gdp per capita in the short term

[@tomaszmankowski9103]

Decent work. I'd like to add three factors. POL is increasingly more active in the new technologies - for example new forms of green energy, especially advanced new designs of solar panels, space technology or digital goods such as video games from developers of some renown. Second - Poland's capital is not like Paris or (especially) London and only c. 5% of the population of the entire country lives in the capital so it has a variety of choices for investors and strong regional centers - major ports, industrial and distribution hubs etc. Third - it has once again (since the XVIIth century) become a immigration destination. Currently the country sees numerous workers coming from Europe, east Asia and Southern America. As you mentioned it has to face many challenges ahead, including factors like aggressive and unstable Russia, which means huge investments in the defence sector of the economy.

[@FekalistaGrzybowory-lz8lh]

Wreszcie mądre słowa, a nie tylko hurraoptymizm

[@hubertkoks6236]

Poland best place to live in!

[@Matt-dr5et]

Don't make a mistake of France, UK, Germany, Spain, and Sweden keep the door shut.

[@guciochris5297]

in short NEVER, without any meaningful industry, with demographic collapse and the Church running half of the show the place is destined to be stuck in the middle forever. NOT to mention that best polish university rank near 500 globaly- joke. The current GDP is all driven by cheap EU loans and grands. Once the river dries out so will the polish strength.

[@patrickc8007]

Poland has very diversed economy specialized in many sectors, that what its making it resistant to economic crises which is helping a lot with the growth.

[@Alex-pr6zv]

Poland has come from literally nowhere to becoming an industrial powerhouse, and are, unbelievably, as highlighted here, poised to overtake the UK, not least thanks to EU levelling-up funding - funding of the kind that the Welsh for example forgot to consider when they voted "leave".

[@adamw6246]

You are largely overoptimistic in your assessment of current situation in Poland. Cf my comment above.

[@mikefranko2832]

Biggest issue in Western Europe is that you need to pay for all Africans and Asians roaming your streets.

[@martydevoss958]

please don't use the term "Eastern Europe" it has no bearing in geographical terms, nor political and it's just bitter reminder of past soviet influence over this region

[@jerryorange6983]

Be careful with that. That is very well possible looking at those countries because they do very well but those economies are linked to the west and the same forecast which shows overtaking the UK in 2030 shows overtaking the US in 2050. So let's don't be too excited about that.

[@kawo666]

But it’s disingenuous to extrapolate a 5-6 years forecast so much into the future. Probabilistic modelling doesn’t work like that.

[@Wardiary24]

It will never do .. While UK as a good for nothing country that produces almost nothing and in a rapid decline may lag behind. Poland doesn't have the infrastructure and the mentality of a great successful nation.

[@janpalmer392]

Poland is in Central Europe!

[@szczupak85]

We won't maintain the growth pace. However we welcome UK immigrants :) We like UK people, sense of humor and UK culture in general.

[@pablosslo]

have you visited Poland?

[@Salv2137]

What we will get with higher wages? Exodus of industry, but cheaper imported goods like cars and electronics. This would make investing in land more attractive making, combination of shift to service exorus of industry and expensive housing would lead to shrinking middle class, fuck that

[@MegaCooliam]

I've never heard/seen a polish person say something bad about poland, but it cant all be sunshine and roses in a country where the population has declined in 13 or the past 15 years!

[@miaemilia6462]

Those who can moved here 20 years ago when things were bad 🤫😄 but yes they are doing well. Sorry just fact.

[@imba69420]

If you're under 30 and unprivileged you're still fucked in Poland. Good luck buying a house with 8% mortgage rate and house prices going vertical because of subsidies. That's why TFR is so low as in the western countries. Things were moderately fine before 2020. Now you have high inflation, rents going much higher because of refugees and high energy costs are starting to bite.

[@rupert2019]

Just over 20 million people of Polish descent live abroad. Some may come back.

[@lucasdeyton8842]

Anecdotal, but I actually work with a couple Polish people who are seriously considering moving back to Poland when they have kids. The cost of living is just so much cheaper and now that wages are rising it wouldn't shock me if people started to move there

[@MarK-fp1hm]

Complaining about their own country is a national sport for Polish, as it is for French and Germans. But don't you dare say anything bad if you're a foreigner.

[@differentiable_manifold]

Poland might someday overtake UK in terms of GDP per capita, but not the wages. In Poland, we still earn 1/3 of UK salary for the same job. Salaries are stagnating. It's GDP that is growing due to corporations that are exploiting us.

[@moonanoke9872]

1/2 not 1/3

[@sauliusivinskis3635]

At the beginning of this video we see the old town of Vilnius, Lithuania, Pilies street. Not Poland.

[@OlgaGorchynska]

We can attribute such growth to the Foreign Direct Investment (FDI). Countries like Romania, Hungary, Slovakia and Poland have been attracting FDI for quite some time. Western capital has been moving to the East. These countries are new sales markets for western producers. Add to that spill over effects to Western Ukraine, which, by the way, was included as potential trading partner for the Vysegrad Group in their founding treaty.

[@Marcin-L]

Poland 🇵🇱 is CENTRAL EUROPE

[@Turefu2]

This prediction “Poland will overtake UK in 2030” is based on the same prediction , which states Poland will overtake US in 2050. So steady on…

[@kawo666]

No, the model was incorrectly extrapolated so far into the future, when it doesn’t work like that. The model can accurately predict the next 5 years based on set of probabilistic parameters. However, the same model should not be used for a 25 years period as most of these variables become less predictable.

[@mikaabambi]

in 90’s it was 10 times higher average weight in western europe than in poland

[@januszfelkner7802]

And is not postcommunist. There was no communism but socialism

[@ahemenidov1900]

It will never happen. Rapid development of Poland has stopped in 2022. No more access neither to cheap energy nor to Russian and Eurasian markets. Cheap labor from Ukraine is also gone: partially because of irreversible mass emigration already has happened and partially because of new epoch of automatization in major countries Russia, China and USA is being started. Polish game is over.

[@p0sitiv467]

Constantly increasing the minimum wage in Poland will lead to a crisis. It is not related to productivity growth and is harming the competitiveness of Polish companies.

[@tomekg6629]

With this guy on the image in charge - never.

[@אסף-ת9ס]

Not really(the start is low)

[@mil0s251]

These are not unfrozen donations for Polands, they are loans

[@tomaszlapaj5826]

Pretty objective assesment

[@jpsion]

never. poland is just catching up…but who will be the poland to poland?

[@mikefranko2832]

Ukraine?

[@jpsion]

@@mikefranko2832 could be, but if ukraine were to be rebuilt by americans, who would win? poland or ukraine? which country most likely will have teslas and rich middle class first?

[@uwagajedzietramwaj_]

poland will stagnate soon, it’s aging rapidly and the economic model is largely based on cheap workforce which isn’t that cheap anymore

[@adamw6246]

A rudy z banda rozwali Polske w try miga.

[@robertklimczak5630]

​@@adamw6246a PiS rozkradanie dla prawdziwych Polaków resztę. Weź się ogarnij

[@gunter4476]

Dobrze powiedziane

[@VanDerSoki]

Poland could grow more, but unfortunately, for Polish politicians, the Political Party interest is more important, than State interest.

[@abdiganiaden]

California GDP: $3.9 Trillion California Population: 39 million UK GDP: $3.1 Trillion UK population: 67 million UK is looking forward to tough times

[@abdiganiaden]

@@paullarne it’s not richer than Germany so why is that captain obvious!

[@abdiganiaden]

@@paullarne nobody mentioned per capita yet except you, UK is behind in both anyway

[@abdiganiaden]

@@paullarne supposedly first tier economy bragging about being ahead of eastern and southern Europe UK will join them soon

[@ab-ym3bf]

@@paullarne "UK is ahead of the EU. Substantially so." UK 2024 gdp per capita PPP: $ 54.505. EU 2024 gdp per capita PPP: $ 59.050. Doesn't look like the uk being "substantially" ahead of the EU. Doesn´t look like the Uk being ahead at all. But good to see that we can always rely on you to spread some lies.

[@robertrobski1013]

California is falling apart not mention that BRICS already ditch dollar and that be catastrophic for US economy

[@tommicheletti1196]

When poland starts paying billions of €€€€ into eu budget like uf of eu 12,it will change. Since 2004 they've received eu funds of billions of €€€€€ ,without paying shit. If peoples gift you millions every year you become rich. Lets see what happens in the comming years with no more free €€€€€, when the foreign companies leave poland to exploit other countries with lower wages. Does poland have strong polish corporations? No, they have german, French, Italian, other eu 12 countries who invested in poland for cheap labour. When these companies see its no longer viable they move too other countries with cheaper labour. Poland will never reach the level of eu 12

[@gunter4476]

They build nice roads

[@thesightings222]

It’s exactly what happened to UK and other western countries after WWII when US introduced Marshall plan- they literally pumped billions of dollars into western economies. Otherwise thick and lazy Brits would not be able to get up on their knees.

[@javiermartingonzalez4759]

The country growd more in Eurozone is Spain 2023/24/25 4 times more the the Eurozone average.

[@duckbizniz663]

The mass media of North America and Western Europe like to make fantasy videos of the world economy. The word "economy" is often used in an ambiguous manner. When I use the word "economy" I simply mean trade. For me the word economy does not mean "good or bad." I often hear Communist Chinese use "economy" in a sentence and it makes no sense. Sadly many Western Europeans and North Americans also use the word "economy" in a sentence and it does not make any sense. I can honestly say that people invent fantasy conditions in their heads and claim it to be true in the real world. Poland and the other Eastern European countries are growing at a fantastic rate when compared to the established trading (i.e. economic) powerhouses of Western Europe & North America. When Eastern European and their military overlord the Soviet Union fell apart the whole world was hoping for real change to place in the former Soviet Union and its conquered countries. People like Boris Yeltsin drove the former Bolshevik Communist hardliners out and tried to bring about real change. Sadly Mr. Yeltsin while trying hard to change the old Soviet Union minus its conquered territories just could not implement a real change. He could not create a real democratic Republic with a free-market capitalistic trading (economic) system. The fundamental problem is Mr. Yeltsin is a former Bolshevik Communist Party member. Just like all of the other Eastern Warsaw Pact countries, the politicians that took over were the cronies of the former Soviet Union's Bolshevik Political Elites. East Germany is a perfect example. After reunification with Western Germany East Germans reached out for handouts and demand more money from their West German neighbors. While West Germans have done much to help East Germans and other Eastern Europeans it never seems to be enough. Soviet Bolshevik domination have destroyed the entrepreneurship of Eastern Europeans. They have lost the ability to take on risk and create new businesses. The Communists implement command economies. The Communists destroy an individual's independence and ingenuity. The Communist Political Elites operate a centralize trading (economic) system, so the state or more correctly the Communist Elite owns and controls everything. Can the Polish people who were mired in years of mind control by a misguided Communist Elite suddenly create a competitive, free-market, capitalist trading (economic) system driven by insightful individuals able to create new trading opportunities for themselves? Think about it. The claim that Poland in 10, 20, or 40 years can raise their per capita purchasing power to that of France or the UK is ridiculous. Then there is the claim that Polish educational can train highly technologically skilled and business savvy graduates to compete with the developed countries of the US, the UK, Germany. Is that possible? Or is that the same bloated distortions we hear everyday from mass media. Where did the developed countries get their advanced techologists and business strategists? From higher education of course. Really? The first mechanical engineers who created the first machines that led to the Industrial Revolution were tradesmen who were successful iron workers. They made iron goods which they sold to make more money. Then other clever people advanced their simple yet revolutionary inventions. These gradual improvements became more practical and more useful in a wider array of applications. At some point institutions of higher education offer some of these clever people positions within their institutions to teach, research, and advanced their respective field of expertise. The same thing happened in the business field. When I attended business school at the graduate level we studied real business strategies from real companies created by real business people. Most of these real and successful business people were not teaching in schools. Can Poland suddenly have teaching institutions with the teachers who can teach these subjects. Remember their society have stagnated for years due to communist central planning. Socialist and Communist countries do not have the social institutions structured in a way where useful new machines and services can be created and then sold (traded) efficiently. The trade aspect or making money is the incentive that pushes people to solve old problems in new ways. Command economies do not follow supply and demand. Command economies follow the central planning of a few political elites who determine supply and the people must accept whatever they get. The people who determine supply are not incentivize to improve their product or service. This is why communists countries are backward. It is also the reason why Poland does not have the educational system that graduate skilled students who can really make a difference in society. I have presented a lot of detail to explain my position on just two topics. But I want to share the basic process where trade raises the standard of living for people living within a society. I hope people will understand the shear nonsense presented in this video makes no sense. Therefore, it cannot be true. It is fabricated by someone who wants to frighten people in the developed world. It is very difficult to become a truly developed society like the US, the UK, France, ... It is much easier to be Poland, Croatia, Serbia, Bangladesh, Pakistan, India, Communist China, ...

[@paweln3590]

Omg omg, Poland so strong OMG 😮

[@gunter4476]

Yes yes yes poland stronk

[@JaroslavBrabec-iz5eb]

It's only about geopolitics. Usa and co are supporting Poland because they aim on it's neighbors. Ukraine, Belarus, Russland.

[@Dylan-q9l2v]

Russia is not really a neighbour of Poland, only small Kalingrad area

[@gitara2D]

Very good analis. Actualy it's not super growth .... it's returning to natural state. Poland was devastated from 2 world wars and communism. Historicly Poland was a strong prosperous country. I think Poland need to be strond to stabilize central Europe. For example Ukraine recived like 1/3 of all polish army equipment in early stage of war. (300 tanks and 300 AFVs). Without this it could be a disaster. Poland is the only country that can stop Russians and Germans takeing over central europe.

[@jaapfolmer7791]

As things stand today the Polish economy still has to overtake the Dutch one. That means that the French or British ones are still far out of reach. Let alone the German one.

[@atanasvasilev3228]

When the horses grow wings, which is a long lasting dream of the Polaks. 😂😂

[@marxmarkus3604]

You're joking right? The higher the earnings are, the less attractive the economy is for new investors, and existing entities move to cheaper countries.

[@jomonger-g1f]

As someone from Poland I have to say that we don't believe your journalists.

[@deasiley1241]

With this man on the Thumbail we will go back to the 90' traitor

[@erj3397]

Yes

[@JohnStrelec]

It isnt really all that rosy in Poland. Average monthly disposable income is just £435 as of 2022. That's just 30% above the 1989 level adjusted for inflation.

[@pantarei.]

We are living in 2024. Minimum is £660 (after taxes) and average is £1161 (after taxes) for the year 2023.

[@JohnStrelec]

@@pantarei. I was talking about PER CAPITA disposable income which includes non-working individuals.

[@JohnStrelec]

@@pantarei. Median income is 4600 zloty after taxes. Median means 50% earn more than 4600 and 50% earns less than 4600.

[@tomasztwarog170]

When Tusk will go for life in jail!

[@krzysztofp7846]

no way, polish ppl make on the average 1k € a month with the flat prices around 3-5k €/m2 in the bigger cities. Now a new government are selling all the polish owned companies so that is not going to be an enough income coming into the budget.

[@Pawel__M]

Haha, you seem to be a supporter of PIS, or 'Law and Judtice, the infamous nationalistic populists, many of them sharing 'traditional values' with Moscow, who spent the last 8 years demolishing Polish democracy, culture and the rule of law, and ruining thousands of private small companies, while stealing billions of budget funds to support their 'patriotic' party and their families. xD

[@slavomt5832]

haha, where do you have your statistics from???? 😛 1003 Euro is a minimal wage in Poland in 2024. Average is 1959 Euro per capita.

[@krzysztofp7846]

@@slavomt5832 Netto?

[@slavomt5832]

@@krzysztofp7846 Wszystkie statystyki zarobkowe na świecie podawane są brutto, bo netto zależy od wielu czynników, w tym kwot wolnych od podatku. Poza tym wys. zarobków niewiele mówi o jakości życia, bo liczy się siła nabywcza , koszty edukacji, służby zdrowia, itd. Jakość życia w Polsce uległa radykalnej poprawie.

[@rodionmarcinkowski2833]

Finally :)

[@gabagaka6157]

With the current government…NEVER!…

[@din6672]

Yes only in case of Euro zone collapse XD.

[@kamiloo86]

We have indeed come a long way (Poland) and know how to work well and hard. Nevertheless, we face huge problems and challenges, and the younger generation is different, they do not want to work so hard because they do not start in such a bad place as my generation (today's 40-year-olds). Therefore, there is a high risk that we will not take advantage of our opportunity and join the problems plaguing Western societies.

[@robertklimczak5630]

Młodzi są mądrym społeczeństwem praca po 12/14 godzin by właściciele budowali domy i baseny , Już nie będzie tworzenie imperiów gospodarczych kosztem robotników pracujących na czarno lub pracujących na jedną ósma etatu wynoszącym 14 godzin. . Teraz jest czas fabryk z automatami. Nie zapomnę kolegę który dziwił się że firma robi dołek. Powiedziałem mu że musi zainwestować albo w indywidualne zamówienia albo postawić na automaty. Robi więc meble w stylu szafa gdańskich. Ale ludziom musi płacić snycerze ,dobrzy stolarze kosztują. Jak widzie jego kadra nie zmienia się już od osiemnastu lat. Ci sami ludzie.

[@ipodman1910]

@@robertklimczak5630komuny się zachciewa?

[@ipodman1910]

Jak masz 40 lat To nie masz zielonego pojęcia o trudnych czasach…

[@janduda2421]

I znowu. Tusk doszedl do wladzy i znowu Polska " zielona wyspa". Brawo !!!

[@eclecticaro]

Nawet strach na wróble zrobił by więcej dla Polski😅

[@arknow91]

calm down :) as long as Tusk is our prime minister, our economy will shrink :)

[@piotrd.4850]

Poland's economy - 0,7 bln EUR of GDP. No GNP to speak of, no world recognizable brands, looming energy deficit and blackouts . France - 2,7 bln GDP with 30+ GWe from nuclear. UK - 3,0 bln GDP.

[@halko7122]

blackouts? LOL what are you even talking about?

[@davrosdarlek7058]

​@@halko7122that Poland will stop producing enoigh coal to cover its needs before it activates nuclear power.

[@mrozio3321]

CD Projekt ( The Witcher, Cyberpunk) , LPP, Max Factor, Inglot, Reserved, Mokate, Solaris,Belvedere Vodka, Vodka żóbrowka, aka bison vodka!, 4f, house, reserved, cropp, sinsay, mohito tahst just few I can think off. You are delusional. Poland is doing great and have great economy!!!!

[@asdkjh4370]

That is true.

[@tomekville7]

Polexit ! Most of the money from EU was frozen for decades , Poland has free education payed from polish taxpayers. EU unfrozen money for example for farmers came with unrealistic deals like purchasing farming equipment from Germany 40% more cost and chocking polish farmers with loans and unrealistic rules. They closed 100k polish small stores to open Germans stores so budget on the end of day goes to German pocket. Poland was mandate to close coal mines and paying for energy the most in EU and now they being forced to reopen coal mines to send free energy to Ukraine what a horseshit!!. POLEXIT!

[@gunter4476]

Bardzo dobrze mówisz ale jak nie wynegocjujemy dobrych warunków to fajnie nie będzie

[@defendfreedom1390]

Forget it

[@rupertfergusson]

Poland has economic growth because they raise the prices every week. The living standards have not changed.

[@robertklimczak5630]

Nie wiem,ja mam trzy mieszkania. A zacząłem od jednego

[@rupertfergusson]

@@robertklimczak5630 You are a contributing to people’s misery

[@somewhereintheworld4325]

​@@robertklimczak5630Co w związku z tym?

[@piotrd.4850]

@@robertklimczak5630 dowód anegdotyczny. Ilu Polaków nie ma i nie będzie miało żadnego - nigdy? Szczególnie że 1 lub 2 kupiłeś w warunkach aberracji eknoomicznej, która raczej się nie powtórzy?

[@tms2566]

to że tobie standard życia nie wzrósł o niczym jeszzce nie świadczy....

[@AlbertPakaj]

Áno Poľsko bude posledné prvé nemecko elektro auto

[@MusicianGreg]

Half of the good comments are bots.

[@weronikarak3264]

This is not how economic work

[@andrzejswidlicki9712]

A very one-sided narrative. Poland's economy is dependent on rapidly deindustrializing Germany, burdened with military spending financed by debt and living beyond its means with generous social expenditure. Its business sector is heavily taxed, has to pay very high rates for energy imports, it is overregulated by the EU. Agriculture sector is going to the wall unable to compete with the cheap imports from Ukraine and the EU net zero nonsense. Moreover brain drain is far from over and education system has been taken over by idiotic, fashinable Western vogues like diversity.

[@mistrzjuliusz9372]

poland will never exceed west wages unless west will totally collapsed. the reason poland wages are growing it is because they are cheaper than west wages, the closer it gets the less it will increase.

[@Dylan-q9l2v]

The west has millions of refugees and immigrants on benefits not working slowing the economy.

[@matt112fly]

doubtful

[@adamstudzinski2566]

Im from Poland and I am sure that our growth will slow down for at least 3 years. Our current goverment prefers to secure Germany biznes and also offers cheeper energy for Ukraine while cost of energy for Poles will grow a lot since 1 july. It still worth for some Poles to vote for them just because PiS wont lead I guess 😅

[@hdmibullshell5390]

I am sorry that more and more English people are turning to food banks for help. We Poles apologize for disturbing English life and we are going home. Please explain to the English that it is not the English's fault that we will leave. We Poles can finally live with dignity in our country. We don't have hunger there. We don't have Islamic murderers on the streets. Moreover, when you buy a flat in Poland, you are guaranteed a share of the land. You can become a property owner with land rights. Thank you?

[@uberraschtedame1510]

Let's say that Poland and other eastern European countries, are not multicultural ghettos and have not being blessed with the "delights" of diversity.

[@wojciechwilk6954]

😅

[@timjones9962]

Poland will pass England very soon, no doubt about it. Free Wales. Vote for Welsh independence.

[@CM73878]

@@timjones9962 an independent Wales would founder on the rocks of economic reality. The economy is not sufficiently developed to sustain the spending per head of population required. Wales is an extremely poor country, indeed on many indices it ranks as one of the most deprived areas of Europe with poor health and education outcomes, high levels of sickness preventing people from working and an inward-facing attitude. The comparison with Ireland, which 50 years ago was poorer, could not be starker. Wales depends on massive subsidies from the Westminster government. Cut those off and Wales will suffer. I fully understand the desire to be independent, but it would lead to the collapse of the Welsh economy and emigration to England on a large scale.

[@CM73878]

@@timjones9962 … a rhag ofn eich bod yn meddwl nad yw hwn ond Sais arall yn eich darlithio, dylech wybod mai Cymro ydwyf.

[@abc-zz5zf]

All the foreign investments in Poland are due to low wages for polish workers - polish government deliberately lowers the income of polish workers, because cheap and relatively well-educated workforce attracts foreign investments. POLAND STARVES ITS WORKERS TO ATTRACT FOREIGN INVESTMENTS! For example teacher`s salary per month is 1000 pounds/month gross, specialty doctor`s salary per month is 1900 pounds/month gross - how can they afford a house in Poland, that coses on average 300.000 pounds?

[@rupert2019]

The minimum wage in Poland increases every year continuously, so I don't know what you mean?

[@abc-zz5zf]

@@rupert2019 Why a specialist doctor on-call earns 150 pounds/hours gross and in Poland 150 zł/hour gross. Why the price of the house is cheaper in UK than in Poland? The same applies to teachers, layers, firefighters, train operators, nurses, emergency ambulance services etc. That is what I mean.

[@rupert2019]

@@abc-zz5zf I don't know how much a specialist earns in the UK or in other professions, but I know that doctors' salaries also vary and the prices of various things also vary. It is generally cheaper in Poland, but I have not compared the prices of apartments and houses. A lot depends on the location. In Poland, prices will fall when the number of apartments increases. Salaries also increase continuously every year. It is only a matter of time before Poland catches up with Great Britain in every respect.

[@abc-zz5zf]

@@rupert2019 Britain is working itself for its wealth, Poland is relying on the charity money from the EU. Poland`s services function like Belarusan services - they are socialist and (post)communist. It is just the infracture, that has been funded by EU, that is different. So don`t tell me, that "it is the matter of time when Poland catches up with Britain" - this is a lie - no funds from EU and Poland collapses.

[@rupert2019]

@@abc-zz5zf Money from the EU is a small percentage of Polish GDP. Poland will soon be a payer in the same way as, for example, Germany is now, which means it will pay more to the EU than it receives from it. It's like a bank loan. The EU does not give away money for free. And Great Britain had overseas territories from which it imported cheap labor and raw materials. So don't make fun of yourself. Polish services have nothing to do with communism and the way Belarusian or Russian services work. Corruption in Poland is very low. I thnk you are funny ruSSian troll with complex.

[@henryksolo9375]

With current government , who is blocking all major investments this may be hard, however wester Europe is collapsing so there is still a chance to overtake them :)

[@gunter4476]

Jak oni scollapsują to co ty myślisz 😆 Polska będzie Europą rządzić 😆😆. Na dno z nimi pójdziemy bo taki to nasz kraj, że niczego swojego nie ma.

[@juniorrokudevelopertutoria3734]

Not believable

[@steved2947]

Never The reason the Polish economy is booming is because it has a cheaper workforce.

[@Milson44]

But you know that the actual jobs requiring experience and skill are number times higher than the usual ones? Check for example where Google invested for their IT team. If it would be just about the salary, why would google ans other similar firme invest in India and similar countries? Why would you risk same results with higher salaries as this is what your comment shows

[@Milson44]

Edit: the beginning should have a word "salary" - I imagine that such great westerner would find out, but maybe would be too lazy

[@slavomt5832]

Check for yourself how high the level of education of Poles and their mathematical abilities are. Poles are the world's top in the area of ​​education in the exact sciences. If only low salaries played a role here, all of Africa and South America would develop like this. Poland and Australia are the only two countries with 30 years of uninterrupted growth. Poles are also very hardworking and ambitious. The country was only destroyed by long period of Russian communism. 🙂

[@valentintattoo]

By 2040 lmao

[@itscooldawgdonteventrip]

i know an architect from togo africa who has goid success in poland

[@fieda46]

The majority of Polish people voted for this man on the thumbnail during the latest elections as the PM. This particular man slew the whole industry and government corporations during his rule in the 2010's and now he's going to do the same thing. I am really anxious about the next 4 years, as a Pole I want to have a (still) safe country without illegal immigrants, properly functioning industry and the low inflation rate but it seems this guy is going to destroy the real last bastion of normality in Europe :(

[@ste16kam35]

lol of course no..